The house is a two bed one bath just under 1,000sqft.

We (my wife and I) own a 3 bed 1 bath rental with a livingroom and a den.

Purchase price: $18,550 Cash invested: $4,000 Buy and hold 3 bed 2 bath Single family.

Hopefully our refinance will close this week and we’ll have 45k leftover after the renovation debts are paid.So with this 45k my question is, should I use the money to renovate my basement, or buy a new house with these low interest rates.I have plans to renovate my basement, transforming it into 3 beds and a bath, it would be apart of the 1st floor unit.

I remember watching the tenants' kids playing in the yard while I weeded the mulch bed and the late night service calls and the stress all of it put on our family.

I would really like to get a rough estimate of what the following could cost.HVAC install for all unitsDig down basement and build out to make 1st floor an owners duplex down (2 bed, 1-2 bathroom depending on space, rec room)Adding laundry (stackable) in each unitI have had discussions with a realtor and one contractor, however curious in getting more opinions. 

My 1 bed condo goes for $2000/month and for sale is $300k.Even the lower priced neighborhoods house price are very high.If you end up finding a cheap place, make sure you go check the neighborhood out extensively first.You should get preapproved to see what you can afford then go from there.

Property Address: 642 Seminole Ave NE Atlanta, GA, 30307Specs: 3 bed 3.5 Bath Units: 3Rentometer for 1bed/1bath in area - $1,236Gross yearly rent - $44,500Property taxes - $8,700Vacancy Rate for Atlanta - 6.1%Based on these numbers and the 50% rule for expenses, the property value would be around $400k.

This home was in pretty bad shape. 2 Bed 1 bath 988 Sq feet in a B-C+ area of Kansas.

I bought my first duplex as 2x 3bed/1 bath and transformed it into something I can market as 5 bed/2 bath and 4 bed/1 bath.